Question

    The internal check is a part

    of:
    A Internal Audit Correct Answer Incorrect Answer
    B Statutory Audit Correct Answer Incorrect Answer
    C Internal Control System Correct Answer Incorrect Answer
    D Cost Audit Correct Answer Incorrect Answer
    E Secretarial Audit Correct Answer Incorrect Answer

    Solution

    Internal Check is an integral part of the internal control system. It refers to the allocation of duties and the design of procedures such that the work of one person is automatically checked by another, with the aim of preventing or early detection of errors and frauds.

    Practice Next
    More Accounts Questions
    ask-question